Fox Valley home prices April 27th

Fox Valley home prices April 27th

Fox Valley home prices April 27th.  Stormy and warm today.  It is supposed to be in the 70’s all week.

New listing this week are consistent.  196 this week compared to 208 the previous week.

Closed listings are also consistent.  175 this week compared to 169 the previous week.

Aurora-New 13 $229,900-$750,000

             Closed-18 $180,000-$745,000

Bolingbrook-New 10 $289,000-$874,534

                      Closed-8 $154,241-665,000

Elgin-New 24 $169,900-$1,185,000

          Closed-14 $229,000-$600,990

Naperville-New 38 $270,000-$1,800,000

                   Closed-30 $345,000-$3,700,000

Plainfield-New 21 $315,000-$509,990

                  Closed-25 $280,000-$585,000

St Charles-New $379,000-$1,349,880

                  Closed-9 $316,000-$1,265,000

These are the communities with the most activity this week.  Other communities had activity.  See the price ranges in those communities in the photo above.

Financing used, median price, and 2,000 SF or more

Median list price this week $469,990, last week $453,990.

Closed median price this week $450,000, last week $442,000.

Stats 042724
Stats for week ending April 27th

Conventional financing was used to close on 130 homes this week at median price $442,495 with 44 days average market time, last week 132 homes at median price $470,000 with 29 days average market time.

Conv 042724
Conventional financing used to close for week ending April 27th

Cash was used to close on 26 homes this week at median price $511,500 with 33 days average market time, last week 29 homes at median price $375,000 with 47 days average market time.

Cash 042724
Cash used to close for week ending April 27th

FHA financing was used to close on 9 homes this week at median price $375,000 with 30 days average market time, last week 4 homes at median price $317,500 with 37 days average market time.

FHA 042724
FHA financing used to close for week ending April 27th

VA financing was used to close on 9 homes this week at median price $435,000 with 24 days average market time, last week 2 homes at median price $452,500 with 7 days average market time.

VA 042724
VA financing used to close for week ending April 27th

2,000 SF or more closed on 114 homes this week at median price $507,500 with 49 days average market time, last week 99 homes at median price $542,500 with 33 days average market time.  Minimum price this week $309,000, last week $120,000.

2000 SF or more 042724
2,000 SF or more homes closed for week ending April 27th

Conventional financing continues to be the most used way to close.

Under contract this week

Homes that went under contract this week are slightly down.  196 this week compared to 217 the previous week.

Fox Valley home prices April 27th-Under contract this week

Aurora-21                          Bolingbrook-16

Elgin-19                             Geneva-10

Naperville-31                     Plainfield-37

1 short sale was accepted by a seller this week.  It was in St Charles.  Now it will be submitted to the lender to see if they will also accepte.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  1 with a kick-out clause of 72 hours and 1 with 48 hours.

Median price of home that went under contract this week $457,500 with 32 days average market time, last week $449,990 with 36 days average market time.

Under contract stats 042724
Under contract stats for week ending April 27th

2024 by the month and a look back at 2023 and 2022

2024

Month           New    Closed    Under contract

January          576         523              599

February        637         416               691

March             674         612               792

April               800        688              801

Totals            2687       2239           2883

2023

January          483         326              470

February        630         526              789

March             555         558              726

April               710          617              755

Totals           2378        2027            2740

2022

January          422         492              623

February        523         520              724

March            734          904             890

April             1168          966            1334

Totals           2847        2882            3571

Monday is the last day of the month but we will put it on May’s totals.  Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

Check out these great resources.  Click on everything that is bold and underlined to take you to the information.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley home prices April 27th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 13th

Fox Valley home prices April 13th

Fox Valley home prices April 13th.  It is supposed to reach 71 degrees today and 79 tomorrow.  It looks like 4 days in a row of 70’s then we get back to normal 50 to mid 60’s.

New listings this week are down.  173 this week compared to 223 the previous week.

Closed listings are also down.  161 this week compared to 183 the previous week.

Aurora-New 17 $134,900-$549,000

             Closed-22 $160,000-$755,000

Bolingbrook-New 14 $225,000-$625,000

                      Closed-9 $274,999-$635,000

Elgin-New 19 $139,000-$819,900

          Closed-19 $204,000-$720,000

Naperville-New 31 $450,000-$1,699,900

                   Closed-21 $400,000-$1,700,000

Plainfield-New 22 $325,000-$1,125,000

                  Closed-19 $290,000-$790,000

St Charles-New 7 $249,900-$959,900

                  Closed-11 $235,000-$775,000

Yorkville-New 10 $269,900-$925,000

                Closed-10 $36,500-$446,000 (the $36,500 I think is a mistake that hasn’t been changed yet)

For price ranges and activity in other communities look at the photo above.

Financing used, median prices, and 2,000 SF or more

Median list price this week $448,750, last week $459,450.

Closed median price this week $409,990, last week $430,000.

Stats 041324
Stats for week ending April 13th

Conventional financing was used to close on 107 homes this week at median price $429,900 with 37 days average market time, last week 140 homes at median price $460,000 with 29 days average market time.

Conv 041324
Conventional financing used to close for week ending April 13th

Cash used to close on 30 homes this week at median price $390,000 with 30 days average market time, last week 23 homes at median price $340,000 with 41 days average market time.

Cash 041324
Cash used to close for week ending April 13th

FHA financing was used to close on 17 homes this week at median price $326,000 with 19 days average market time, last week 14 homes at median price $327,500 with 31 days average market time.

FHA 041324
FHA financing used to close for week ending April 13th

VA financing was used to close on 7 homes this week at median price $420,000 with 26 days average market time, last week 6 homes at median price $423,750 with 25 days average market time.

VA 041324
VA financing used to close for week ending April 13th

2,000 SF or more closed on 92 homes this week at median price $510,000 with 35 days average market time, last week 112 homes at median price $531,700 with 32 days average market time.  Minimum price this week $36,500( I think this is a mistake that has not been changed yet), last week $118,000.

2000 SF or more 041324
2000 SF or more closed for week ending April 13th

As you can see conventional financing is the most used way to close on homes here in the Fox Valley area of Illinois.

Under contract this week

Fox Valley home prices April 13th-Under contract this week

Homes that went under contract this week are up.  225 this week compared to 163 the previous week.

Aurora-30                             Bolingbrook-14

Elgin-24                                Montgomery-10

Naperville-37                       Oswego-15

Plainfield-26

No short sales were accepted by seller’s this week.

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 hours.

Homes that went under contract this week had a median price of $429,000 with 25 days average market time, last week median price $450,000 with 37 days average market time.

Under contract stats 041324
Under contract stats for week ending April 13th

2024 by the month

Month                  New   Closed   Under contract

January                 576        523            599

February               637        416            691

March                    674        612            792

April                      396        344           388

Totals                   2283      1895         2470

Check back every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us with your real estate questions.  Your goal is our goal.

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

IF you are buying a home you need to get qualified first with a loan officer. 

When selling request a home valuation to see what your home is worth in today’s market.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley home prices April 13th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd.  Temperatures this next week are going to be so nice!  Upper 40’s to mid 50’s.

New listings this week are up.  138 this week compared to 119 the previous week.

Closed listings are also up.  140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

            Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

         Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

                 Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

                Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

Financing used, median price, and 2,000 SF or more

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324
Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324
Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324
Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324
FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324
VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time.  Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324
2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.  

Under contract this week

Homes that went under contract this week are up slightly.  142 this week compared to 131 the previous week.

Fox Valley home prices February 3rd-Under contract this week

Aurora-19                        Bolingbrook-10

Elgin-24                           Naperville-15

Plainfield-17

1 short sale was accepted by a seller this week.  It was in Aurora.  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home.  1 with a kick-out clause of 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324
Under contract stats for week ending February 3rd

2024 by the month and a look back at 2023 and 2022

2024

Month       New   Closed   Under contract

January         579        523             599

2023

January         483        326             470

2022

January         422        492             623

We waited until this week since there were 3 days this week still in January.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Information for you to check out

Fox Valley home prices February 3rd.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 27th

Fox Valley home prices January 27th

Fox Valley home prices January 27th.  It looks like we will not see the sun again this next week.  Next Friday for groundhog day it is supposed to be cloudy.  I am sure looking forward to an early Spring.

New listing this week are slightly up.  119 this week compared to 99 the previous week.

Closed listing this week are consistent.  97 this week compared to 96 the previous week.  You can’t get more consistent than that!

Aurora-New 9 $180,000-$474,900

             Closed-11 $145,100-$480,000

Bolingbrook-New 12 $250,000-$862,777

                      Closed-7 $275,000-$480,000

Elgin-New 15 $204,900-$569,999

          Closed-13 $210,000-665,000

Naperville-New 11 $599,000-$1,300,000

                   Closed-11 $370,000-$1,170,000

Plainfield-New 19 $287,500-$824,900

                  Closed-13 $320,000-$820,584

St Charles-New 7 $270,000-$1,299,000

                  Closed-10 $105,000-$1,550,000

28 Communities had activity this week.  This is just 6 of the ones that had the most activity.  Check the photo above for the other communities and their price ranges.

Financing used, median prices, and 2,000 SF or more

Median list price this week $411,450, last week $429,874.

Closed median price this week $381,000, last week $428,250.

Stats 012724
Stats for week ending January 27th

Conventional financing was used to close on 71 homes this week at median price $435,000 with 49 days average market time, last week 77 homes at median price $435,000 with 52 days average market time.

Conv 012724
Conventional financing used to close for week ending January 27th

Cash was used to close on 15 homes this week at median price $350,000 with 20 days average market time, last week 9 homes at median price $529,900 with 31 days average market time.

 

Cash 012724
Cash used to close for week ending January 27th

FHA financing was used to close on 9 homes this week at median price $325,000 with 36 days average market time, last week 5 homes at median price $270,000 with 3 days average market time.

FHA 012724
FHA financing used to close for week ending January 27th

VA financing was used to close on 2 homes this week at median price $315,000 with 45 days average market time, last week 4 homes at median price $376,500 with 31 days average market time.

VA 012724
VA financing was used to close for week ending January 27th

2,000 SF or more closed on 53 homes at median price $495,000 with 52 days average market time, last week 60 homes at median price $529,950 with 39 days average market time.  Minimum price this week $246,00, last week $250,000.

2000 SF or more 012724
2,000 SF or more closed for week ending January 27th

Conventional financing was used on 73% of the homes that closed.

Under contract this week

Homes that went under contract are up slightly.  131 this week compared to 121 the previous week.

Fox Valley home prices January 27th-Under contract this week

Aurora-13                          Elgin-12

Naperville-18                    Oswego-13

Plainfield-19

No short sales were accepted this week by seller’s.

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 48 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home.  1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $399,900 with 66 days average market time, last week median price $402,900 with 57 days average market time.

Under contract stats 012724
Under contract stats for week ending January 27th

2024 by the month

Month               New   Closed   Under contract

January              438       383            457

This is the last full week of the month.  Next week we have a couple of days to close so I will wait until next week to compare to 2023 and 2022.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC.  It changes throughout the day.

 Information for you

Fox Valley home prices January 27th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 20th

Fox Valley home prices January 20th

Fox Valley home prices January 20th.  Bright and sunny today with a high of 13 and a low tonight of -14.  Next week we will get into the 30’s.  I can’t wait!

New listings this week are down.  99 this week compared to 128 the previous week.

Closed listing are consistent.  96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

             Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

           Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

                   Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

                  Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges.  Things did not completely stop even with the sub-zero temperatures.

Financing used, median prices, and 2,000 SF or more

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024
Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024
Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024
Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024
FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024
VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time.  Minimum price this week  and also last week $250,000.

2000 SF or more 012024
2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week.  If you do not have cash you need to get approved using Conventional if you want to win.  A pre-approval letter is just not enough right now.  You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down.  121 this week compared to 133 the previous week.

Fox Valley home prices January 20th-Under contract this week

Aurora-14                            Bolingbrook-13

Naperville-13                       Plainfield-15

1 short sale was accepted by a seller this week.  It was in Bolingbrook.  It will now get submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024
Under contract stats for week ending January 20th

2024 by the month

Month                   New   Closed    Under contract

January                   319       286             326

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us 

Call us at 630-502-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Information to check out

Fox Valley home prices January 20th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 13th

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d  20 degrees and sunny today after a snow day yesterday.  Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high.  So it is time to bundle up.

New listings this week are up.  128 this week compared to 92 the previous week.

Close listings are also up.  106 this week compared to 84 the previous week.

This week was the first full week of the year.  New year’s day everything was closed.

We have added 2 towns this week by request.  Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

             Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

          Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

                   Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

                  Closed-23 $209,000-$1,110,000

Take a look at the photo above to see other communities that had activity this week and their price ranges.

Financing used, median price, and 2,000 SF or more

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2
Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2
Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2
Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2
FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2
VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time.  Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2
2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois.  Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up.  133 this week compared to 72 the previous week.

Fox Valley home prices January 13th-Under contract this week

Aurora-15                            Bolingbrook-12

Elgin-21                               Naperville-12

Plainfield-12                        Yorkville-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours and 1 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 48 hours and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2
Under contract stats for week ending January 13th

2024 by the month

Month               New   Closed   Under contract

January              220        190             205

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Information to check out

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few and you decide who you want to work with.

Fox Valley home prices January 13th.  Have an awesome week and stay warm!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 11th

bhfv Cover 050623

Fox Valley home prices November 11th.  It doesn’t look like rain this next week and mid 50’s to lower 60’s.

 New listings this week are up.  155 this week compared to 132 the previous week.

Closed listings are down.  134 this week compared to 187 the previous week.

Fox Valley home prices November 11th

Aurora-New 20 $149,900-$599,900

             Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

                      Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

                   Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

                  Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

                Closed-11 $300,000-$678,724

Other communities had activity this week.  You can see the price ranges in those communities in the photo above.

Financing used, median prices, and 2,000 SF or more

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123
Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123
Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123
Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123
FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123
VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time.  Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123
2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down.  119 this week compared to 136 the previous week.

Fox Valley home prices November 11th-Under contract this week

Aurora-19                      Naperville-24

Plainfield-13

No short sales accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  1 with a kick-out clause of 72 hours and 3 with 48 hours.

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123
Stats under contract for week ending November 11th.

2023 by the month

Month                   New   Closed   Under Contract

January                  483       326            470

February                630       526            789

March                     555       558            726

April                       710        617            755      

May                        735       603            816

June                      1030      1059           926

July                         765        745           805

August                   869        988           915

September             684        621            623

October                  639        568           549

November              287        321            255

Totals                   7387      6932          7629

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Houses sell throughout the year in every month.

Resources

Click on anything that is bold and underlined to take you to the site for the information.

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

Fox Valley home prices November 11th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101 

Fox Valley home prices November 4th

bhfv Cover 050623

Fox Valley home prices November 4th.  Fall weather continues.  It should be in the mid 50’s for the next couple of weeks.

New listings are down.  132 this week compared to 155 the previous week.

Closed listings are up.  187 this week compared to 149 the previous week.

Fox Valley home prices November 4th

Aurora-New 16 $165,000-$599,999

             Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

                   Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

               Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

                  Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

                  Closed-10 $231,000-$749,900

Other communities had activity this week.  Click on the photo above to see the price ranges in those communities.

Financing used, median prices, and 2,000 SF or more

Median list price this week $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423
Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423
Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423
Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423
FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423
VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time.  Minimum price this week $280,000, last week $189,900.  Condition and features is the difference in price.

2000 SF or more 110423
2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this weekAurora-22                        Bolingbrook-10

Naperville-23                  Plainfield-21

St Charles-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours and 4 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 72 hours and 3 with 48 hours.

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423
Median price of homes under contract for week ending November 4th

2023 by the month

Month                New   Closed   Under contract

January               483        326           470

February             630        526           789

March                  555        558           726

April                     710        617           755

May                      735       603           816

June                    1030      1059          926

July                       765        745          805

August                  869       988          915

September            684        621          623

October                 639        568         549

November              132        187          136

Totals                   7232     6798         7510

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

At the end of each month we also take a look back at 2022 and 2021 so you have something to compared to.

Resources

Click on everything that is bold and underlined to take you to the site for the information.

Check with your loan officer to see what programs they offer and if you can combine some programs.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

Fox Valley home prices November 4th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 28th

bhfv Cover 050623

Fox Valley home prices October 28th.    Today is a gorgeous 50 degree sunny day.  There will not be too many of them after today.  Mid 40’s and possible snow on Halloween. 

New listings are down this week.  155 this week compared to 165 the previous week.

Closed listings are consistent.  149 this week compared to 152 the previous week.

Fox Valley home prices October 28th 

Aurora-New 14 $155,000-$750,000

             Closed-27 $189,900-$950,000

Bolingbrook-New 12 $269,990-$763,649

                      Closed-10 $160,000-$889,057

Naperville-New 26 $314,995-$2,895,000

                   Closed-23 $300,000-$1,799,000

Oswego-New 4 $224,900-$529,262

               Closed-10 $300,000-$614,025

Plainfield-New 22 $314,900-$950,000

                  Closed-18 $190,000-$716,935

St Charles-New 11 $219,900-$1,850,000

                   Closed-6 $343,000-$690,000

Yorkville-New 12 $289,900-$829,000

                Closed-7 $180,00-$470,000

Out of 28 communities that saw some kind of activity, these 7 had the most activity.  Look at the photo above to see the other communities price ranges.

Financing used, median price, and 2000 SF or more

Median list price this week $422,500, last week $420,000.

Closed median price this week $425,000, last week also $425,000.

Stats 102123
Stats for week ending October 28th

Conventional financing was used to close on 110 homes this week at median price $422,500 with 32 days average market time, last week 112 homes at median price $457,500 with 28 days average market time.

Conv 102823
Conventional financing used to close for week ending October 28th

Cash was used to close on 21 homes this week at median price $475,000 with 36 days average market time, last week 18 homes at median price $436,000 with 31 days average market time.

Cash 102823
Cash used to close for week ending October 28th

FHA financing was used to close on 12 homes at median price $342,000 with 32 days average market time, last week 17 homes at median price $315,000 with 36 days average market time.

FHA 102823
FHA financing used to close for week ending October 28th

VA financing was used to close on 4 homes at median price $460,000 with 32 days average market time, last week 5 homes at median price $408,000 with 20 days average market time.

VA 102823
VA financing used to close for week ending October 28th

2,000 SF or more closed on 89 homes at median price $495,000 with 38 days average market time, last week 102 homes at median price $493,500 with 31 days average market time.  Minimum price this week $189,900, last week $269,000.

2000 SF or more 102823
2000 SF or more closed for week ending October 28th

Conventional financing continues to be the type of financing seller’s are accepting if not cash.

Under contract this week

Homes that went under contract this week are slightly up.  132 this week compared to 125 the previous week.

Fox Valley home prices October 28th-Under contract this week

Aurora-25                               Bolingbrook-11

Naperville-13                          Plainfield-21

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  1 each with a kick-out clause of 72 hours, 48 hours and 1 that was not marked with a time.

Median price of homes that went under contract this week $355,000 with 39 days average market time, last week median price $400,000 with 44 days average market time.

Under contract 102823
Under contract stats for week ending October 28th

2023 by the month and a look back at 2022 and 2021

2023

Month                  New   Closed   Under contract

January                 483        326           470

February               630        526           789

March                    555        558           726

April                      710         617            755

May                       735        603            816

June                     1030      1059            926

July                        765        745            805

August                   869       988            915

September             684        621            623

October                  639        568           549

Totals                    7100      6611           7374

2022

January                   422       492           623

February                 523       520           724

March                      734       904          890

April                       1168       966         1334

May                        1101       893           806

June                        1295     1409          1234

July                          955       932            908

August                   1019       1134          1062

September               730        733           698

October                    699        612           646

Totals                     8646      8595         8925 

2021

January                  543        649           829

February                561         604           778

March                     993       1099         1455

April                      1006        926         1387

May                       1088       1288         1289

June                       1450       1686          1671

July                         1118        1182          1210

August                   1109        1203          1170

September             1083        1411           1251

October                    715          973           930

Totals                    9666        11021        11970

You can see the numbers going down from 2021 to 2023. 

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Resources

Click on everything that is bold and underlined to take you to the site for the information.

So many people refinanced when the interest rates were low.  Now you have a good selling point if it is assumable.  The buyers would have to get approved but it is better than the current interest rates.

All data provided today is downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

Fox Valley home prices October 28th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

 

 

Fox Valley home prices October 21st

bhfv Cover 050623

 Fox Valley home prices October 21st.  Mid 60’s until Tuesday it will get up to 77, and then the next week we will get into the mid 40’s.

New listings this week are up.  165 this week compared to 128 the previous week.

Fox Valley home prices October 21st

Closed listings are also up.  152 this week compared to 115 the previous week.

Aurora-New 19 $60,000-$609,000

             Closed-18 $215,000-$1,050,000

Bolingbrook-New 14 $270,000-$889,000

                      Closed-8 $294,000-$540,000

Elburn-New 10 $409,900-$525,000

             Closed-2 $245,000-$415,000

Naperville-New 25 $339,000-$1,799,000

                   Closed-20 $325,000-$1,287,500

Oswego-New 13 $300,000-$574,000

               Closed-11 $235,000-$567,990

Plainfield-New 18 $315,000-$725,000

                  Closed-27 $274,900-$737,289

St Charles-New 16 $315,000-$2,100,000

                   Closed-13 $275,000-$975,000

Yorkville-New 10 $315,000-$639,900

                Closed-11 $213,000-$512,521

These are not the only communities to have activity this week.  Click on the photo above to see what other communities had activity and their price ranges.  You might find what you are looking for.

Financing used, median prices, and 2,000 SF or more

Median list price this week $420,000, last week $395,000.

Closed median price this week $425,000, last week $385,000.

Stats 102123
Stats for week ending October 21st.

Conventional financing was used to close on 112 homes this week at median price $457,500 with 28 days average market time, last week 87 homes at median price $390,000 with 31 days average market time.

Conv 102123
Conventional financing used to close for week ending October 21st.

Cash used to close on 18 homes this week at median price $436,000 with 31 days average market time, last week 18 homes at median price $377,500 with 37 days average market time.

Cash 102123
Cash used to close for week ending October 21st.

FHA financing was used to close on 17 homes this week at median price $315,000 with 36 days average market time, last week 6 homes at median price $374,500 with 25 days average market time.

FHA 102123
FHA financing used to close for week ending October 21st.

VA financing was used to close on 5 homes this week at median price $408,000 with 20 days average market time, last week 4 homes at median price $370,000 with 19 days average market time.

VA 102123
VA financing used to close for week ending October 21st.

2,000 SF or more closed on 102 homes this week at median price $493,500 with 31 days average market time, last week 55 homes at median price $545,000 with 42 days average market time.  Minimum price this week $269,000, last week $310,000.

2000 SF or more 102123
2000 SF or more closed for week ending October 21st.

Conventional financing continues to be the financing seller’s are wanting to accept.

So many people refinanced and have great low rates that might be assumable.  You need to check that out.  You might be able to market that and still move and get a good rate on the home you purchase.  Some of these cash buyers might want to consider that.

Under contract this week

Homes that went under contract this week are down slightly.  125 this week compared to 136 the previous week.

Fox Valley home prices October 21st-Under contract this week

Aurora-22                            Naperville-16

Plainfield-17

1 short sale was accepted by a seller this week.  It was in Aurora,  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyers selling and closing on their current home.  7 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $400,000 with 44 days average market time, last week $389,950 with 37 days average market time.

Under contract stats 102123
Under contract stats for week ending October 21st.

2023 by the month

Month               New   Closed   Under contract

January              483        326             470

February            630        526             789

March                 555        558             726

April                   710         617             755

May                    735        603             816

June                  1030       1059            926

July                     765         745            805

August               869         988            915

September         684         621            623

October              484         419            417

Totals               6945       6462          7242

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Resources

Click on each bullet point and anything that is bold and underlined to take you to the site for the information.  If you are not finding what you are looking for just let us know. We will point you in the right direction.

Check with your lender to see if your loan is assumable if you are thinking about selling.

Clean, pack up, and paint to make your home feel nice and fresh if you are thinking about selling.

All data provided today is downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

Fox Valley home prices October 21st.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101